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Question/Advice Re: Inheritance Of Coin Collection

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New Member

United States
3 Posts
 Posted 12/04/2013  6:49 pm Show Profile   Bookmark this topic Add nursedj to your friends list Get a Link to this Message Number of Subscribers
Hi everyone,

I am not a coin collector, but I have inherited a fairly large coin collection from a relative who has passed away. As I'm sorting and researching, I noticed a binder full of Canadian coins labeled "Canada mistakes $10.00 and over". I'm curious if these are error coins, but don't really know what I'm looking for.

Some of the coins are labeled "raised rim", "large rim" and have various prices written on them ranging from $1.00 to $40.00. They range in age from 1929 to 1994 (all denominations).

No one in my area buys or appraises Canadian coins, and the best advice I've gotten is to spend them. I'm reluctant to dismiss these coins as worth face value without more information, especially since my family member has written these high prices and went to the trouble of storing them very well.

Any advice anyone can give me is greatly appreciated! Thanks.
Pillar of the Community
Canada
1984 Posts
 Posted 12/04/2013  6:56 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I would suggest you post pictures of some representative coins. I have seen accumulations of "mistakes" or "errors" with things like wide rims and raised rims where the mistakes are really very minor and are probably not worth more than whatever the underlying coin is worth. Interesting errors could be worth far more.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 12/04/2013  6:57 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
That canadian binder sounds cool, hold on to the coins as they are probably errors and or varieties. Please take pics of them and post them here.
Feel free to call me Will.
Rest in Peace
wert's Avatar
1988 Posts
 Posted 12/04/2013  7:05 pm  Show Profile   Bookmark this reply Add wert to your friends list Get a Link to this Reply
Dont sell...pictures and more pictures.
Valued Member
CPC2013's Avatar
Canada
377 Posts
 Posted 12/04/2013  8:04 pm  Show Profile   Bookmark this reply Add CPC2013 to your friends list Get a Link to this Reply
Look up on the internet coinsandcanada.com there is some information on coins with errors . You will have to figure out if they are circulated or un circulated coins . Good luck
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persistnt's Avatar
Canada
726 Posts
 Posted 12/06/2013  5:32 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
The 10.oo and over I think means the current value of them not denom.....or the current value ten years ago.......
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matthewvincent's Avatar
United States
3486 Posts
 Posted 12/06/2013  5:55 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
That a family member took the trouble to list the coins and their value is a clue that there might me something there worth investigating.
Proceed slowly and take comfort in the fact that CCF members want to do do what is best for you.
We DO care!
Valued Member
Fenian's Avatar
Canada
79 Posts
 Posted 12/06/2013  7:38 pm  Show Profile   Bookmark this reply Add Fenian to your friends list Get a Link to this Reply
Yes, some photos of representative coins would help. Do ant of them seem too thin or too thick? Have clips in them or little patches that look like divots or trails across the coin? Try your local library, they may have the Charlton coin catalog available in their collection. Some recent years have error/variety sections in the back.

Any pre-1968 dimes and above are silver and currently have an intrinsic bullion value several times face. A 1967 or earlier quarter is currently worth $3 or so just in silver!

Please don't spend them until you get someone to check them out. Perhaps you could visit a show, or find a club somewhat nearby?

http://www.trajan.ca/club/ccnclubs.pl is a listing of some of the clubs in Canada. Most are happy to have visitors and are quite willing to check out the coins for you! Another method if all this is too much trouble would be to contact an auctioneer and arrange to have everything sold off at a major show.

Good luck!
New Member
United States
3 Posts
 Posted 12/08/2013  1:03 pm  Show Profile   Bookmark this reply Add nursedj to your friends list Get a Link to this Reply
Thanks everyone for your comments/advice.

Here are some front/backs of some of the coins from this binder. I've made a dropbox folder for easier sharing, some of the coins were hard to photograph, but I hope you can give me some insight. Let me know if you have any questions.

Thanks again!

https://www.dropbox.com/sh/wwzi3s89...g/YacMqI8ykh
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artdio's Avatar
1844 Posts
 Posted 12/08/2013  1:15 pm  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
well I would say they are all common cents.. If you plan on starting a collection then keep them, if not remove all the silver dimes and quarters sell them in a lot on ebay... You will get no less than melt value and likely more based on the dates.
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thedollarman's Avatar
Canada
4911 Posts
 Posted 12/08/2013  1:23 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
Is there a dot behind the date on that 1947 nickel.
Feel free to call me Will.
New Member
United States
3 Posts
 Posted 12/08/2013  1:30 pm  Show Profile   Bookmark this reply Add nursedj to your friends list Get a Link to this Reply
I don't see a dot behind the date on the 1947 nickel...
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Canada
1984 Posts
 Posted 12/08/2013  1:36 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I think the "raised rim" comment on the 1987 is not a reflection of an error. It had a different rim than the pre-1982 coins.

The 10 cent to 50 cent coins from 1966 and earlier are worth maybe 12x face value in silver. The 1967 quarter is worth around $3.

I am afraid the rest are likely not worth much more than face value.
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